Issue#55: Building $1K - $10K MRR Micro SaaS products for Founders, Makers & Builders - Part 1
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No fluffy content. If your goal is to build a $100m ARR business, this is not the right post. Here I am are NOT going to talk about building the next Facebook or Twitter. If your goal is to make a $1K to $10K MRR, continue reading.
This post will cover one micro opportunity and talk about multiple niches in this space. This post also explains how to do tech implementation, do market analysis, how the current players are doing, and ends with a cost analysis to understand the overall cost for 100 users.
This is Part-1 of “Building $1K - $10K MRR Micro SaaS products for Founders, Makers & Builders”.
Let’s see some profitable products that are typically used by profitable Founders & Makers who value their time.
Carrd: Build one-page sites for pretty much anything Whether it's a personal profile, a landing page to capture emails, or something a bit more elaborate, Carrd has you covered. Currently making $30K MRR.
Potion: Website builder that runs on Notion. Currently making $2000 MRR.
UseGravity: Build a Node.js & React SaaS app at warp speed. Gravity is a leading Node.js & React SaaS boilerplate. You can get all features you need in a single install. Making $100K per year.
Dorik: Build Beautiful Websites Without Code. Flexible & easy-to-use nocode website builder with 130+ UI Components and beautiful templates. Made $10K in sales and profitable MRR in less than a year.
SaaSPegasus: The Django SaaS Starter Kit. Pegasus ships with a gallery of common SaaS use-cases, ready to use in your own project. Making $50K/year.
DivJoy: React code base generator that works with Material UI, Firebase, Stripe, Vercel and Mailchimp. Making $70K+ in annual revenue.
BulletTrain: Bullet Train is a Ruby on Rails SaaS-in-a-Box. Bullet Train saves you months of development by starting you off with all the features that are the same in every SaaS, so you can focus on what makes your app unique.
SaaS Starter Kits: A starter template with Docker, Kubernetes, CI/CD and more. A Laravel starter kit with subscriptions, invoices, default pages, tests, pipelines, development tooling and deployment solutions.
ServerlessPage: Build a SaaS faster with React Serverless SaaS is aiming to be the perfect starting point for your next React app to build full-stack SaaS applications. Save time and skip implementing authentication, payments, teams, and more.
SqaureSpace: Website builder with hundreds of ready-made templates. Currently making $120M per year.
Elementor: The World's Leading WordPress Website Builder. Currently making $700 million in revenue.
Wave: Wave is the Software as a Service Starter Kit packed with awesome features like authentication, subscriptions, invoices, announcements, user profiles, and so much more.
Webflow: Webflow empowers designers to build professional, custom websites in a completely visual canvas with no code. Website builder with in-built CMS. Making $20+ million in annual recurring revenue.
Umso: Website builder to design and publish a beautiful website in no time. Made $1K MRR in 5 month from the launch and is now making thousands of dollars in monthly revenue.
RailsKits: Write your app. Not billing code. Skip the boring stuff and dive right into the code that differentiates your app.
GetsJabloon: Rails SaaS starter kit to focus on your core product. Inbuilt modern front-end, UI, authentication and billing modules built on Ruby on Rails.
Shoutout: Shoutout makes it incredibly easy to tap into your existing social proof and turn it into a beautiful "Wall of Love". Launched towards the end of 2020. Making about $1K MRR.
SaaS Starup Kit: Golang Startup Kit for SaaS Open-source project of Go code to bootstrap your software-as-a-service startup.
LaraKits: Larakits is the perfect starting point for your next Laravel app. Skip the boilerplate setup and build your app faster. It will save your weeks of effort and give you time to make your app unique.
JumpStartRails: Build products faster in Ruby on Rails Jumpstart Pro helps you build products incredibly fast. It provides all the foundations you need to build a product so you can focus on your idea.
Kiso: Skip writing all that boring boilerplate Stop starting every new Rails app from scratch. Use our growing library of Rails themes & UI kits, feature packed Rails engines & powerful tools to cut out weeks of struggling development time.
Llama Life: Transforms your dreaded tasks into bite-sized, manageable chunks of productivity. Helps you focus on one thing at a time.
WeLoveNoCode: Release your MVP and validate hypotheses in weeks, not months. Hire 10000+ vetted no-code developers working with 241 tools for a flat monthly subscription.
Upvoty: Instant feedback. Turn user feedback into actionable product optimizations.
Boast: The easiest way to collect customer feedback, video testimonials, and online reviews. Everything you need to automatically request, collect, and share feedback from your customers.
UserVoice: A single, centralized product feedback solution that gives you everything you need to gather, aggregate, analyze, and follow through on feedback from customers and internal teams.
Brizy: Next-gen website builder that anyone can use. Build amazing websites in minutes.
Pory: Website builder that runs on Airtable without writing explicit code.
HelloNext: Simple and efficient customer feedback. Hellonext bridges the gap between your day-to-day development activity and customer feedback.
Versoly: Versoly allows creators, founders and marketers to move, test and grow faster with pre-built blocks, templates and CMS.
UnicornPlatform: The simplest drag & drop landing page builder for startups, mobile apps, and SaaS.
JoinSecret: JoinSecret helps you instantly save 1000s of dollars on the best online tools and join a global community of founders.
🔒 👉 [In Pro] See which website builder is making $7K MRR.
🔒 👉 [In Pro] See which deals site is at $18K MRR.
🔒 👉 [In Pro] See who built website builder and grew to $60K in annual revenue.
🔒 👉 [In Pro] See who made $30K revenue in one year from Feedback tool
🔒 👉 [In Pro] See who reached to $5K MRR with dynamic data websites
🔒 👉 [In Pro] See which Micro SaaS has has 20K active users and making $50K MRR with website builder
🔒 👉 [In Pro] See which feedback tool made $4K MRR in one year.
🔒 👉 [In Pro] See which SaaS starter kit is making $1200 MRR.
🔒 👉 [In Pro] See which task management app has 700 paying customers.
🔒 👉 [In Pro] See which NoCode platform is making $100K MRR.
🔒 👉 [In Pro] … See more additional exclusive insights from various companies
Negative Nancy says - ‘Founders find it happy to build the tools by themselves’
Me - It’s the other way round. Founders who value time would actually pay for SaaS solutions instead of reinventing the wheel. One of the biggest challenges for founders is to get the best out of their time. SaaS tools that save them time are an easy bet for founders.
Negative Nancy says - ‘Most founders buy NoCode tools. I am more interested in building a Technical solution.’
Me - There are profitable SaaS products both in code and no-code space. Some founders need technical solutions to improve their development process or power up their products. For example, some many founders and makers need non-technical solutions that help them concentrate on things like Growth Hacking, Blogging, etc.
Deep-dive & Some niches
Founders purchase SaaS solutions that help them either to save time or make more money. These are the only two reasons founders spend money on SaaS solutions. Let’s see some of the products that are typically bought by founders, makers, and builders.
Website builders: Create a website builder that just runs in the browser with a WYSIWYG editor/studio with drag and drop controls. This is similar to Carrd or Dorik. Users should be able to select from pre-built templates or start from scratch. Provide options for pretty much everything like - adding favicons, uploading social share images, social media icons, etc. Also, make sure to support a block-style architecture so that users can move or edit the blocks as needed without making major changes. Dorik made $10K in sales and profitable MRR in less than a year. Carrd is currently making $30K MRR.
Starter Kits that work with multiple databases/multiple modules: Most SaaS kits work with only one or two databases. Create a starter kit that works with multiple databases including cloud databases. Provide support for trending databases like Supabase as well. Also make sure to support multiple modules like billing, auth, user profiles, databases, email integration, analytics integration, etc. SaaSPegasus is making $50K/year. DivJoy is making $70K+ in annual revenue.
Generate websites from Data: While there are website builders that create landing pages quickly, there is a great need for tools that generate website pages from data dynamically from Google sheets, Supabase tables, Database, Airtable, etc. Create tools around this. There are two niches in this. The first niche is for people who want to build thousands of pages from Data and to use this site as a Growth Hacking site to build upon SEO over the long term. For example, tools like Webflow, Sheet2Site in this space are making huge money. The second niche is for users who want to build apps on top of data and provide secured access to this data with authentication etc. For example, tools like Softr and Pory are in this space making thousands of dollars in monthly revenue.
Productivity Apps: Founders (profitable founders) always try to optimize their time. Productivity apps help these founders to save time and help align the day-to-day tasks. Llama Life in this space currently has 700 paying customers. Llama Life solves productivity problem by using the concept called ‘timeboxing’, which is the practice of setting a fixed amount of time for each task. This creates a useful constraint, a finishing point to work toward. It also provides the mental space to focus, as it encourages you to tackle one thing at a time.
Website with Deals for Founders: Create a website that helps founders and makers to get deals on good products. You don’t need to build a lot of tech around this and you don’t need a lot of tech knowledge to build this. All you need is to work with companies who are interested to provide discounts, deals, free credits for founders and helping align the interest between the founders and companies. An MVP for a product like this can be built with a simple stack like Airtable, Softr, Pory, etc without spending thousands of dollars. JoinSecret in this space is making $18K/month by helping founders and builders.
Starter kit for the cloud: Cloud has started to grow exponentially in the last few years and is growing at a rapid pace. Create a starter kit for SaaS that purely works on top of cloud services. Start with one cloud provider - either AWS or Azure or GCP. You can safely ignore other cloud providers for now considering the current trend. Whatever cloud provider you select, make sure to support all cloud components. For example, if you select AWS, provide support for all AWS components - for database make sure to support AWS DynamoDB or AWS Aurora SQL, for backend APIs make sure to support AWS API Gateway, AWS Lambda, etc. For authentication, AWS has AWS Cognito that can be leveraged. The same is the case with GCP. If you select GCP, support all GCP services like Firebase Auth for authentication, GCP Cloud functions for backend APIs, GCP Storage for serving static files, GCP Firestore for NoSQL database, etc. See ServerlessPage for inspiration that is making $1200 MRR.
NoCode Agencies: NoCode tools are on the rise. The demand for NoCode tools is growing exponentially and most venture-backed companies and funded companies are trying to spend money on NoCode tools and build solutions. This has also increased the demand for people who has experience with NoCode tools. Born out of this need to find experienced NoCode developers who have experience with multiple tools, WeLoveNoCode is currently at $100K MRR.
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Cost Analysis for 100 customers
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